Tip
An amount of money that is given to a worker such as a waiter or waitress who performs a service for you. (also known as a gratuity)
Tax
A percent of a purchase that is added to the purchase and paid to a government.
Discount
A reduction in original price usually a percent off or subtracted from the final cost.
Markdown
A percent subtracted from the cost of an item to determine the selling price.
Markup
An amount added to the cost price to determine the selling price
Percent
A percent is a ratio that compares a number to 100. Percent means per hundred. The symbol for percent is '%'.
Original Price
The price of an item or service before any discounts; 100% of the cost.
Sale Price
The price of an item or service minus the discount or deduction.
Gratuity
A percent added on to the cost of a service.